Tag: Oba Otudeko
Ecobank to FBN: Reject Otudeko’s N87.6bn share acquisition
Ecobank has kicked against the acquisition of 4.7 billion shares of First Bank Holdings by Oba Otudeko, a former chairman of the Tier-I bank.
The...
Otudeko displaces Otedola, buys N87.8bn First Bank shares
The chairman of Nigerian conglomerate Honeywell Group, Oba Otudeko, has purchased 4.7 billion shares of the First Bank of Nigeria Holdings (FBNH), making him...
Ecobank to court: Restrain Otudeko’s Honeywell from dissipating assets
Ecobank Nigeria Limited has asked a Federal High Court in Lagos to restrain Honeywell Group Limited from dissipating its assets pending the hearing and...
Otudeko’s debt: Ecobank places caveat on Honeywell’s N80bn shares
Following the moves by Flour Mills Nigeria Plc to acquire 71.69 per cent of Honeywell Flour Mills shares, Ecobank Nigeria Limited has placed a...
FBN debt: Flour Mills acquires Otudeko’s shares in Honeywell for N80bn
Flour Mills of Nigeria Plc (FMN) has acquired the 71.69 per cent stake of billionaire Oba Otudeko in the Honeywell Flour Mills Plc (HFMP),...